When you think of the word 'resources', what comes to your mind? It may be that you are thinking of money, men, materials or heavy machinery. While this is quite natural because we usually associate resources with business and these are indeed, the key components of any business. But what you are forgetting is that resource simply means 'whatever can be used for serving a purpose'. What about the personal trainer resources that you...more
Global demand and prices for oil, gas and minerals have increased dramatically in recent years, not least driven by the economic successes of a number of emerging economies. These developments could provide an opportunity for mineral-rich countries to push economic and social development. But past experiences have raised concerns that the current situation could result in another missed opportunity to promote economic development...more
Why institutions matter to achieving economic and social development is certainly not a question that has arisen only in the context of mineral-rich countries. Social scientists have long pointed to institutions as well as institutional change to explain economic and social transformations. This emphasis has been revived by recent institutional theorists with backgrounds in disciplines as diverse as sociology, comparative history, political science and economics.Diversity in conceptual thinking on the relationship between institutions and economic and social outcomes is reflected in the fact that there is not just one definition of what institutions actually are. Institutions are the rules of the game in a society or... are the humanly devised constraints that shape human interaction. More recent theoretical developments have defined institutions at an even more abstract level.For example consider them to represent a system of social factors that conjointly generate a regularity of behavior.Stocktaking of recent theoretical contributions confirms that it is at the higher order levels where the study of institutions still requires more attention. This includes...more
To explain institutional change institutions need to be conceptualized as a dependent rather than an independent variable. The social science literature on institutional change is too large to be dealt with comprehensively. The discussion is restricted to three perspectives that are relevant to the question under what conditions...more
Imagine donning your equestrian riding apparel, your riding helmet, and your horse riding boots and sitting astride one of those sleek, gentle giants for the very first time. The perspective is amazing and the communication that occurs between you and your horse can be an incredible experience. However, being the large, powerful animals that they...more
Author: Cyril BrittoOne of the major reasons for the failures in software development is the lack of resources. Resource allocation is mostly estimated and supplied only for the first few phases of the development process in an assumption that residual resources can be provided when the need arises. Not only does this affect the client by time due to delay in delivery but the company also suffers due to the lack of specific resources even in the market sometimes. Always make sure the complete package of resources is available at the initial stage itself to develop that particular project. The management has to organize a discussion with the team of developers and make a complete list of what has to be made available for development of the product. Ensure that you have all the necessary resources beforehand. This not only allows the programmers to work peacefully but also saves time and cuts cost to the company. If the project fails or comes to a pause, the employers cannot be responsible for unavailability of resources. The management will have to be blamed. Due to the high competition, a bad impression on a company lasts longer. It is a good habit to promise customers a little...more
Author: 10x MarketingEvery business has a resource they use to pull up forms or data in order to quickly service a customer. It can be as modern as files stored on a local machine that are labeled for quick search-ability. The industry of search in...more
Author: Simon Harding The Chronos Group has been committed to the oil, gas and mining sectors in South America for the last five years. We have established groups such as Argentine Oil, Brazil Oil, Venezuela Oil and Power, Chile Mining and Power,...more